Property Overview: 476 Besant Street, Winnipeg
Key Characteristics & Appeal
This home at 476 Besant Street in Munroe East presents a solid, value-oriented opportunity centered on its generous lot. Built in 1960, the house itself is of a typical size for the area at just over 1,050 sqft, but the property stands out for its larger-than-average 6,149 sqft land parcel. This places it in the top tier for lot size both on its street and within the wider neighbourhood, suggesting valuable outdoor space or future potential that isn't immediately apparent from the living area alone.
The appeal lies in its established community setting and practical fundamentals. With an assessed value that is above average for Munroe East, the property appears well-positioned within its immediate market. A less obvious point is that, while the home is older, its 1960 build date is actually newer than many on its specific street, indicating it may be among the more updated structures in that direct comparison. This property would suit a first-time buyer or practical homeowner who prioritizes land size over a large interior footprint, and who sees value in a stable, mature neighbourhood. It’s also a sensible option for those comfortable with a home from this era and potentially interested in the value derived from outdoor space, whether for gardening, expansion, or simply more privacy.
Frequently Asked Questions
1. How does the lot size compare to typical properties?
The land area of 6,149 sqft is a key feature. It is significantly larger than the average lot in the Munroe East area (4,958 sqft) and above average even on its own street, placing it in the top 8% and top 21% for the neighbourhood and street, respectively.
2. What is the history of sale prices for this home?
Public data indicates a sale occurred between 2017 for an estimated price in the CA$250k–$300k range. For the exact historical sold price, you can request the information directly via email from the listing service.
3. Is the living space considered large for the area?
At 1,052 sqft, the living area is slightly above the direct street average and very close to the Munroe East neighbourhood average. It is a comfortably sized but not exceptionally large home for the area, making it a standard, functional layout.
4. How does the assessed value inform the potential price?
The assessed value of $31,700 is above the average for the Munroe East neighbourhood, suggesting the municipal assessment views the property favorably compared to local peers. It’s important to note that market value can differ from assessed value.
5. What does the "Year Built" ranking mean?
The home was built in 1960. While that is a typical age city-wide, on Besant Street itself this build date ranks in the top 8%, meaning it is one of the newer homes on the block compared to its direct neighbours, which average a 1959 build year.